This prediction comes from Transform Ventures founder Michael Terpin.
Terpin explains that despite possible fluctuations over the next 60 days, the current bull market is expected to follow the traditional four-year cycle, indicating a strong Bitcoin rally in October and November.
He also pointed out that historically, Bitcoin often shows a decline in the first six months after a halving, and the current, fifth cycle, is no exception. However, in his view, October and November have traditionally been months of significant growth for Bitcoin, especially in a halving year. Therefore, if the political situation in the U.S. turns out to be favorable for cryptocurrencies, such as a Trump victory, Bitcoin could very well break through a new psychological barrier of $100,000.
